Technically, AUDCAD has repeatedly failed to break and stay above the upper Bollinger Band, indicating fading bullish interest. Frequent rejections at key resistance areas, along with sustained closes below the 9-period moving average, emphasize the...
AUD/USD – Current Situation and Technical Analysis The AUD/USD pair has maintained its bullish journey for the sixth consecutive session. This rally has been supported by two major factors: continuous weakness in the US Dollar and a renewed risk...
On Monday the 28th, there are 3 full working days left until the close of the April candle. This is essentially the time for the formation of the body and upper shadow of the MN candle. The analysis of the construction of the April candle shows...
The euro experienced a weakening of its upward momentum during the early hours of Friday's European trading session, settling around the 0.8530 level against other major currencies. This slight loss of traction coincided with a notable strengthening...
Technical analysis 27 April 2025 w-1 Chart USD/CHF H-4At the time of writing this post, the USDCHF currency pair, on the weekly chart, is showing a southern correction and is at the position of 0.82754. The indicator of the InstaForex company,...
